Gold member posts
This quarter’s earnings numbers are amazing
Some figures on the Q2 2018 earnings season
Russell Napier on a crisis in emerging markets and the private debt overhang
Russell Napier makes some astute observations about money supply growth and the still potent threat of debt deflation dynamics
Some thoughts on Tesla’s public musing about going private
My thinking on Tesla CEO Elon Musk's desire to take his companies private.
China to impose tariffs on $60 Billion of US goods, currency now suspected weapon as domestic…
Some thoughts on China's options as the trade war with the US escalates to an uncomfortable level
The hidden message in Tesla’s earnings call
Investors loved Tesla's earnings report. But there was a hidden message in the earnings call about Tesla's future.
The Bank of England’s decision to raise rates as akin to the ECB’s 2011 hike amid crisis
The timing of the BoE's rate hike decision is poor - almost on par with the ECB's summer of 2011 hike during the sovereign debt crisis.
A deeper dive into Apple’s quarterly earnings report
It was a good quarter from Apple. But earnings growth was flattered by stock buybacks. There are a lot of growth opportunities though.
Evidence of market expectations for a Fed rate hike pause or reversal in 2019 or 2020
The way to think of a flattening yield curve is as a signal that the market expects Fed tightening to precipitate a slowdown that halts or even reverses future hikes. It's the market's way of saying they expect the Fed to tighten and then…
More on GDP revisions, personal savings rates and how the sausage gets made
The magnitude of the revision is eye-catching. And my inner sceptic wonders how the initial data reads could have got it so wrong.
A few comments about Amazon’s earnings report
The big problem with Amazon is valuation. It's hard to justify paying 90x this quarter's earnings for a company that is as mature as Amazon is, irrespective of the top-line growth.